Neeraj Arora, Titan Capital and Firstcheque participated in the seed round
Able Jobs, a hiring platform for entry-level talent based out of Bangalore has raised a seed amount of $ 1.8 Mn from Saif Partners, Y Combinator, Neeraj Arora, Titan Capital and Firstcheque. Helping companies like WhiteHatJr, Bigbasket, Sharechat, hire entry level talent in the fields of sales, support and marketing, Able Jobs also offers skill development and online training courses for these young candidates.
The fresh raise will be used by the brand for acceleration of its product growth and expansion of its team. The company also plans to build state-of-the-art training products for companies to hire talent reliably and expand into adjacent sectors like FMCG, BFSI, etc.
Launched in May 2019, Able Jobs provides end to end hiring support to companies from finding the right candidate to getting talent deployed. Their app has rigorous online training programs where they pre-train candidates for job roles specific to companies. Post-training, companies interview candidates and then roll out offers as they deem fit. Able Jobs also helps companies acquire talent through social channels and gives them access to people beyond job portals.
Commenting on the fund raise, Able Jobs CEO Ravish Agrawal , said ,” Over the past decades companies have invested a lot of capital in hiring and training of entry level talent. We, at Able jobs, are focused on solving this by partnering with companies and helping them hire trained professionals with a single click and no upfront investment.”
“We are glad to have the SAIF team on our side,their deep networks in the ecosystem and years of expertise with startups will help us massively scale up our business.”
Announcing the investment, Deepak Gaur, MD, SAIF Partners India said, " We are extremely thrilled to partner with Ravish and his team who are catering to the flourishing bracket of job-seekers in the country. With the rising needs of such platforms in a post-Covid job market, we are confident that Ablejobs can catalyze the growth and development of the entry-level hiring ecosystem in our country while scaling up efficiently at the same time. Looking forward to partner with them in their next phase of growth."
With organisations prioritising skills more than college degrees, their talent requirements have become very dynamic. Using the Able Jobs platform, companies have seen 11X faster hiring and 4X deployable talent over the past few months.
About Able jobs
Started in May 2019, Able jobs has been started by Ravish Agrawal , Svatantra Kumar, Siddharth Srivastav, all of them having experience in the edtech space. Ravish is a graduate of IIT Kanpur and all the founders have done an edtech startup before starting Able Jobs. With an office in Bangalore and a team size of 10+ employees, their business objective is to help companies hire trained entry level talent.
Neeraj Arora (center) with PayTM's Vijay Shekhar Sharma[/caption]
Neeraj Arora (center) with PayTM's Vijay Shekhar Sharma[/caption]
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